Ample Parks to develop 1.5 mn sq mt industrial & logistics parks

Ample Parks, a joint venture between Actis, a global investor in sustainable infrastructure, and Mahindra Lifespaces plans to acquire and develop approximately 1.5 million sq mt of greenfield and brownfield logistics and industrial parks in India. Ample has acquired 70-acre industrial land parcel within Mahindra World City in Chennai. The company will be led by CEO Akash Rastogi.